Abu Dhabi National Hotels (ADNH) and First Abu Dhabi Bank (FAB) conclude AED1.6 billion (USD435,6 million) loan facility agreement.
Saudi Arabia’s maritime sector is set to receive a much-needed boost with a generous allocation of SAR33 billion (USD8.8 billion) for the energy, industry, mining and logistics sectors in its recently announced budget for this year.
Travel Leaders Corporate, a leader in business travel, has released an analysis of its clients’ aggregate business travel bookings from the third quarter (Q3) of 2018. Data shows that the cost of business trips are continuing to rise, however, Travel Leaders Corporate clients show no slowdown in travel.
Johannesburg has emerged as the most popular destination city in Africa for the fifth consecutive year, according to the annual Mastercard Global Destination Cities Index.
The number of Chinese tourists travelling to the GCC is expected to increase 81 percent from 1.6 million this year to 2.9 million in 2022, according to data published ahead of Arabian Travel Market (ATM) 2019, which takes place at Dubai World Trade Centre from April 28 – 1 May 01, 2019.